516 E  40th St, Austin, TX 78751
Property image
Property image
OFF MARKET

516 E 40th St
Austin, TX 78751

Hancock
  • 1 Bed
  • 1 Bath
  • 450 sqft

$1,257,500

Trulia Estimate
as of Aug 10, 2026
Est. Refi. Payment $8,050/mo*

$1,257,500

Trulia Estimate
as of Aug 10, 2026
Est. Refi. Payment $8,050/mo*
1 Bed
1 Bath
450 sqft

Local Information

  • Map ViewExplore the area around 516 E 40th St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Townhouse
Year Built
1975
Living Area
450 sqft
Price/Sqft
$2,794

About this House

Located in Hyde Park, this 10-unit complex sits 75 steps from Hancock Golf Course. Features: on-site laundry, assigned parking, and 2 storage rooms. Pets welcome (1 under 20 lbs, $200 fee, breed restrictions apply). Ideally near St. David's, UT Law, and DKR Stadiumperfect for students and professionals. Enjoy nearby shopping, dining, and quick access to Downtown. A solid investment in one of Austin's best neighborhoods, blending residential charm with urban convenience. For more properties like this visit Affordable Housing.
516 E 40th St, Austin, TX 78751 is a 1 bedroom, 1 bathroom, 450 sqft townhouse in Hancock, built in 1975. More recently, it was listed as a rental in March 2026 with an asking price of $1,100 per month. That rental listing was removed on April 24, 2026. It is currently off market. The Trulia Estimate is $1,257,500, with a rent estimate of $1,159/month.

Home Details for 516 E 40th St

Property Information

Year Built
Year Built: 1975
Property Type / Style
Property Type: Townhouse

Rental Terms, Policies & Fees

Lease Term: Contact For Details

Interior Features

Appliances & Utilities
DisposalRefrigerator
Heating & Cooling
Cooling System: Ceiling Fan

Price History for 516 E 40th St

DatePriceEventSource
04/24/2026$1,100ListingRemovedZillow Rentals
03/23/2026$1,100Listed For RentZillow Rentals
07/16/2025$1,050ListingRemovedZillow Rentals
06/17/2025$1,050PriceChange
Zillow Rentals
06/09/2025$1,300Listed For RentZillow Rentals
07/25/2015$900ListingRemovedAgent Provided
06/16/2015$900PriceChange
Agent Provided
05/29/2015$935Listed For RentAgent Provided

Market trends in Austin

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$570K
$15.83K
MoM
Sale-to-List Price
97.9%
0.1%
MoM
Price per sq ft
$302
$7
MoM
Available listings
5662
60
MoM
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Property Tax and Assessment

Year2025
Tax$32,416
Assessment$1,584,000
Home facts updated by county records

Comparable Sales for 516 E 40th St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1.52
Townhouse
-
04/30/26
3
3
1,525
1.59
Townhouse
-
06/22/26
3
2.5
1,562
1.52
Townhouse
-
04/30/26
3
2.5
2,294
1.52
Townhouse
-
08/22/25
3
3.5
2,049
1.70
Townhouse
-
04/17/26
3
3
1,584
1.82
Townhouse
-
10/30/25
3
2
1,669
1.80
Townhouse
-
05/14/26
3
3.5
2,145
2.18
Townhouse
-
02/05/26
2
3
1,200
1.80
Townhouse
-
05/04/26
4
3.5
2,300
2.13
Townhouse
-
06/18/26
4
3.5
2,282

Nearby homes

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Assigned Schools

These are the assigned schools for 516 E 40th St.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Hancock

At least 20 Trulia users voted on each feature.
  • 96 % Say it's dog friendly

  • 89 % Say it's walkable to restaurants

  • 83 % Say there are sidewalks

  • 80 % Say parking is easy

  • 77 % Say people would walk alone at night

  • 66 % Say car is needed

  • 64 % Say it's walkable to grocery stores

  • 59 % Say yards are well-kept

  • 47 % Say there's holiday spirit

  • 44 % Say it's quiet

  • 44 % Say neighbors are friendly

  • 43 % Say kids play outside

  • 41 % Say there's wildlife

  • 35 % Say streets are well-lit

  • 21 % Say they plan to stay for at least 5 years

  • 19 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Mattiha
    "Make sure you and you family, including pets are visible at night. We’re close to campus and people can drive a little crazy. "
  • Lwicker57
    "I’ve lived in the Hancock neighborhood for 20 years. I have many neighbors that I consider friends. It’s close to Hancock center. Which has many of the conveniences people look for. Within walking distance to restaurants and coffee houses. Great place to live."
  • Robin K.
    "It's a great walking neighborhood."
  • Robin K.
    "My commute downtown is three miles. There are many choices of routes and no traffic."
  • Robin K.
    "It's close to downtown and the university. It's a friendly walking neighborhood. I especially like strolling the golf course at Christmas when it's lit with luminarias."
  • Robin K.
    "Safe and friendly. Walking distance to elementary school."

LGBTQ Local Legal Protections

Apartments for Rent

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Homes for sale near 516 E 40th St

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Off Market Homes Near 516 E 40th St

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Frequently asked questions about 516 E 40th St

  • What is 516 E 40th St estimated to be worth?
    Trulia's estimated value for 516 E 40th St in Austin, TX is $1,257,500.
  • Is Austin a buyer's or seller's market?
    Austin is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Austin?
    The median sale price in Austin is $570K. That is up $15.83K from the prior month.
  • What do residents say about the Hancock neighborhood?
    Residents describe the Hancock neighborhood in Austin, TX as dog-friendly, walkable to restaurants, and pedestrian-friendly. See recently sold homes in Hancock, Austin.
  • Does 516 E 40th St have air conditioning?
    Yes, 516 E 40th St in Austin, TX has air conditioning.